RDS 16.7% 0.5¢ redstone resources limited

asx query coming, page-4

  1. 724 Posts.
    lightbulb Created with Sketch. 33
    The fall from just over the dollar mark and down to the 70's was due to a major holder needing to liquidate, due to personal issues outside of the market.

    This has been discussed previously. That placed the dowward prseeure on the stock to begin with and then the falls in world markets did the rest after that. Almost every stock that had nothing on the go, or no news was being sent lower.

    I do believe this is different case. it was sold at 37.5 3 trading days ago, and now its up 80% from there, with good volume yesterday(for this tightly held stock).

    I do think some news is due and that talks have been ongoing in the background. We all know that we are still waiting on lab results from drilling, and we were told about that at the end of november at the agm.

    I just cant believe that its all just a few new buyers that have seen the potential and decided to jump in at whatever price they can get.

    I have been wrong before though hahaha.

    cheers

 
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0.6¢ 0.6¢ 0.5¢ $103.8K 18.08M

Buyers (Bids)

No. Vol. Price($)
10 7848999 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 600000 1
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